Robert Kiyosaki, the renowned author of "Rich Dad Poor Dad," recently disclosed his increased investment in bitcoin, spurred by the U.S. Securities and Exchange Commission's (SEC) authorization of 11 spot bitcoin exchange-traded funds (ETFs). This decision aligns with Kiyosaki's growing apprehension

Many observers speculated that the SEC chair had little room to reject the investment vehicle following a court-mandated review of Grayscale's spot Bitcoin ETF application.Source: yoyodex.ioOn January 10, after a failed attempt the day before, the United States Securities and Exchange Commission (SE

US Spot Bitcoin ETFs Generate $4.6 Billion in Trading Volume on Debut DayOn their inaugural trading day, U.S. spot bitcoin exchange-traded funds (ETFs) accumulated a total trading volume of $4.6 billion. Blackrock's Ishares Bitcoin Trust, the world's largest asset manager, contributed over $1 billio

1. Market TrendFrom Jan. 8 to Jan. 10, the BTC price swung from $43,175.00 to $47,972.58, with a volatility of 11.11%. The previous report recommends a low long strategy. A bold entry at $43,200 with a stop-loss at $42,700 is viable. Investors with positions should patiently anticipate a rise. Recen

Billionaire entrepreneur Elon Musk has discussed the possibility of using Bitcoin on Mars, although he acknowledges the challenge of transaction settlement speed. During a conversation on Space on X (formerly Twitter) with ARK Invest CEO Cathie Wood, Musk initially raised concerns about Bitcoin's sl

The approval of 11 spot Bitcoin ETFs by the SEC suggests that trading for these ETFs is anticipated to kick off as early as January 11. Bloomberg ETF analyst James Seyffart, indicating that the S-1 prospectuses are going effective, shared the news on X and suggested that everything is in order for t

Widespread Endorsements: SEC Approves 11 Spot Bitcoin ETFsThe U.S. Securities and Exchange Commission (SEC) has approved 11 spot bitcoin ETFs for listing on U.S. exchanges, overcoming long-standing regulatory challenges. These ETFs are set to commence trading on NYSE Arca, Nasdaq, and Cboe BZX Excha

Jim Cramer, host of CNBC's "Mad Money," recently opined that bitcoin might be reaching its peak. This observation came amid a significant uptick in the crypto market, with bitcoin surpassing $47,000. Cramer, who is also a former hedge fund manager and co-founder of Thestreet.com, a financial news we

The Bitcoin market is experiencing increased volatility as investors brace for the SEC's decision regarding spot BTC ETFs on January 10.Source: moneyandmarkets.comOn January 9, Bitcoin hovered around the $47,000 mark, demonstrating trader uncertainty. Although the market has seen gains due to the po

Standard Chartered Predicts BTC May Reach $200K by 2025 if Spot Bitcoin ETF Gets ApprovedStandard Chartered forecasts a potential surge in bitcoin's value to $200,000 in 2023, contingent upon the U.S. Securities and Exchange Commission (SEC) approving spot bitcoin ETFs. The bank's analysts view such